Property Taxes in Sharptown, Maryland
Median Sharptown, Maryland effective property tax rate: 0.80%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Sharptown, Maryland home value: $128,400
Median annual Sharptown, Maryland tax bill: $968, lower than the national median property tax bill of $2,400.
How are property taxes in Wicomico calculated?
Property taxes in Sharptown, Maryland are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Sharptown's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sharptown, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Sharptown Property Tax Calculator Work?
Use this Sharptown property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Sharptown's median effective tax rate of 0.80% — based on actual property records in Wicomico County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Sharptown's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Sharptown: rates range from 0.80% in 21861 to 0.80% in 21861, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Sharptown.
About Sharptown Property Taxes
About Property Taxes in Sharptown, Wicomico, Maryland
Sharptown's median effective property tax rate of 0.80% is lower than the Maryland state median of 1.21% and lower than the national median of 1.02%. This rate reflects the Wicomico County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Sharptown. Homeowners in the 21861 ZIP code carry a median effective rate of 0.80%, while those in 21861 pay 0.80%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Wicomico County. Understanding which part of Sharptown you live in can make a meaningful difference to your annual tax bill.
Sharptown homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the February 13, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Sharptown, Wicomico County, Maryland
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Sharptown's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Sharptown Tax Rate
0.80%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wicomico County Tax Rate
0.90%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Sharptown, Wicomico County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21861 | 0.70% | 0.77% | 0.80% | 0.82% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Sharptown, Wicomico County, Maryland
When examining property taxes in Sharptown, Maryland, understanding the distinction between market value and assessed value is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Wicomico County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Wicomico County, assessment notices are sent in December each year.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For example, the median home price in Sharptown is $128,400, with tax bills ranging from $748 at the 25th percentile to $1,786 at the 90th percentile. The median tax bill is $968, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Sharptown, Wicomico County, Maryland
Source: Ownwell
$128,400
$180,400
$232,400
Median Sharptown Market Value
$128,400
Median Wicomico County Market Value
$175,800
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Sharptown, Wicomico County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21861 | $73,200 | $93,400 | $128,400 | $181,200 | $232,600 |
Source: Ownwell
Property Tax Bills Across Sharptown, Wicomico County, Maryland
Property tax bills in Sharptown are determined by the assessed value of a home and the local tax rate set by the county and other taxing authorities. For a home with a median market value of $128,400, the annual bill reflects how local governments apply their rates to that assessed value, rather than the price a homeowner originally paid.
In Sharptown, property tax bills are typically shaped by the home’s value, the tax rate, and any local levies that fund schools, services, and infrastructure. The median tax bill is $968.00, which is below the national median property tax bill of $2,400 and far below the national median property tax rate of 1.02%. Bills can vary widely, with the 25th percentile at $748 and the 75th percentile at $1,371.
For homeowners, this means property taxes can be a meaningful part of annual housing costs, especially when assessed values rise or local rates change.
Median Sharptown Tax Bill
$968
Median Wicomico County Tax Bill
$1,546
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Sharptown, Wicomico County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21861 | $594 | $748 | $968 | $1,371 | $1,786 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Wicomico Tax Assessor | |
| Website | sdat.dat.maryland.gov |